OPEN HOUSE
Sun Jun 15, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,460 sqft
Price per Sqft $60
Subdivision Hicks
MLS Listing ID 5129017
Bedrooms 6
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 2,460
Year Built 1910
Annual Tax Amount $1,094
Tax Year 2023
Lot Size 5,758 Sqft
Acres 0.1322
Property Sub-Type Duplex
Property Description
Welcome to 11600 Beulah Avenue, Cleveland – a fully renovated duplex ideally located in one of Cleveland's most high-demand rental areas, just minutes from Case Western Reserve University, University Hospitals, the VA Clinic, and the Cleveland Clinic. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this opportunity is packed with value.
This charming colonial-style duplex offers 6 bedrooms and 2 full bathrooms, split across two spacious 3-bedroom units. Each unit features approximately 1,230 square feet of updated living space with modern kitchens, refreshed bathrooms, beautiful hardwood-style floors, and plenty of natural light, thanks in part to several recently replaced windows.
The property has Lead Safe Certification valid through 2027 and has already passed all Section 8 inspections, ensuring long-term safety compliance and peace of mind. One unit is currently occupied by a long-term Section 8 tenant providing steady, government-backed income, while the second unit is vacant and rent-ready, offering immediate cash-flow potential or owner occupancy flexibility.
Investors will be thrilled to know this property exceeds the 1% rule and offers potential for an exceptional 18%+ Cap Rate—a rare find in today's market.
Mechanicals include two hot water tanks (2014 & 2021) and two furnaces (both 2014), as well as central air conditioning for both units—an added comfort and value booster for tenants. The duplex also includes a full unfinished basement, a partially fenced backyard, and sits on a quiet street just steps from a city park and close to public transit, dining, shopping, and cultural institutions.
ALL offers must be submitted via the EZ Real Estate Platform.
This is your chance to secure a turn-key, income-producing asset in one of Cleveland's most established rental corridors.
Location
State OH
County Cuyahoga
Direction East
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Disposal, Range, Refrigerator
Laundry In Basement
Exterior
Parking Features Common, Driveway
Fence Partial
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Faces East
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 120-04-035
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA